Also, trying to sell FSBO is not as easy as it sounds and usually results in either selling for less than a REALTORÂ® sold it for you. If you aren't happy with your current listing agent I recommend you wait until the listing expires if they won't release you and then hire a new listing agent to represent you.
To protect ourselves, we insist that if a buyer shows up while we have the property listed, we are entitled to a commission.
In your case, there's probably something different going on, but in any case - if you try selling your house before the end of the contract AND the post-contract window of exclusivity, you will owe a commission.
All the best,
Asset Manager, Realtor, SFR
Suburban Homes & Condos, LTD
1845 Silas Deane Highway
Rocky Hill, CT, 06067
Cell: (860) 970-5925
Fax: (860) 760-6107
"Celebrating our 27th Year"
Family Owned-Operated Real Estate Company Since 1985
While I am not an attorney, as a Broker with 26 years real estate sales experience, I have a very good understanding about the nature of the contract agreements we use.The contract between you and the brokerage is just that...a contract. It has a beginning and end date. If you want to break the contract, and the other party wants to hold you to the contract, then you must have grounds to justify why you want to terminate the contract. Trying to save the money you would have paid for the commission is not considered adequate grounds. Remember, based on a promise to be paid sometime in the future, a real estate broker and/or their agent has given you professional advice, effort, and even an investment of their own time and money in the endeavor of selling your property. If they feel they have fulfilled their obligations under the contract, and they believe you have a saleable property that will enable them to recover a commission for their time, money and expertise they have already invested in your behalf, they are not going to want to release you without cause.
On the other hand, if you believe you have a legitimate reason to terminate the contract because the brokerage has not done what they have agreed to do in the listing contract, then by all means, you should meet with the Broker to discuss your grievance and whether some type of accommodation can be made that you would find acceptable.
Selling your home with a broker is a "team" effort (you and the broker and the agent); and sometimes when a team works together, you have to make some minor adjustments for everything to work as well as you desire.
There are a couple of other considerations that may enter into the resolution of your situation. If you want to discuss them, you may contact me directly at my office. (860-688-1400)
And you signed an "contract" that spelled out the period of time for which you were obligated to that agency.
Yes, if you sell your house FSBO during that period, you will probably still own commission to that agency.
She won't let you fire her, and she probably is asking too much on the LISTING PRICE, and it won't sell at that, and she is so unreasonable.
I'm sure you can do a much better job selling it as a FSBO.
Hopefully there isn't much longer to go on the Contract.
First of all for as long as you are under contract with a brokerage, you really can NOT sell FSBO, i.e. by owner, i.e. on your own, and in most listing agreements you also cannot sell by owner for a period of
time after the end of the listing agreement. So you need to carefully read your listing agreement!
But here is my recommendation, a listing Agent cannot really force you to work with her, if YOU do not want to, of course you have to have also some reasons why not...
Therefore I suggest to you, to first meet with that Realtor's Managing Broker, i.e. the Manager of that particular Listing office. Sit down and present why you would want out of the listing agreement, and have that manager explain to you what the terms and conditions are, if you stay with the brokerage or if and when you want to cancel the listing agreement - He or she will gladly sit down with you and discuss it with you. And remember although you hired a particular listing agent, who is working with you on your home sale, YOU legally do have a listing agreement Contract with the Brokerage.
And the managing broker of that brokerage office can assign a different agent from the office
to service you. Which could be one solution. If on the other hand you want to sell by owner, not
sure why, but if it is exclusively to save the commission, then you MUST make sure what the
terms in your listing agreement actually are, i.e. what you can and can NOT do, there is usually
a time frame to cancel a listing agreement, and usually a period of time thereafter when you
cannot sell FSBO, but you could sign a new lease agreement with another brokerage.
But since we cannot see your listing agreement with the current brokerage, it is hard to tell here
what your options are.
Hope this helps...
Most Sincerely yours,
Edith YourRealtor4Life and your Chicago and Northern Illinois and RElocation Expert
Working always in the very BEST interest of her clients at @Properties North Shore
Edith speaks French, German, Spanish & more
Get to know Edith and her Service her website is